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Which of the following describes compound interest?) Interest earned on both principal and previous interest B) Interest earned
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Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what amount of interest would be earned by an
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2. asked by Diana
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a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original
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2. asked by sherry
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Jeremy opened two saving accounts at the beginning of 2010, each with an initial deposit of $4,000. Account A earned simple
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2. asked by Tris
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Jeremy opened two saving accounts at the beginning of 2010, each with an initial deposit of $4,000. Account A earned simple
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2. asked by Tris
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Question$1000 is invested at 8% interest compounded annually. $80 in interest is earned in the first year. Knowing that compound
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2. asked by What is most necessary for a coherent text to do?(
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$1000 is invested at 8% interest compounded annually. $80 in interest is earned in the first year. Knowing that compound
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$1000 is invested at 8% interest compounded annually. $80 in interest is earned in the first year. Knowing that compound
1. 1 answer
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1. A sum of $15,000 was invested in three funds for 1 year. At the end of the year Fund A had earned 8% interest, Fund B hadearn
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2. asked by Neri
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Problem #5Business and finance. Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what amount
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2. asked by jas20
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